Year Ended December 31,

2015

2014

2013

2012

2011

Fixed Charges:

Interest expensed and capitalized (includes amortization of deferred financing costs)

$

236

$

230

$

209

$

241

$

264

Interest portion of rent expense

32

32

31

30

30

Total fixed charges

$

268

$

262

$

240

$

271

$

294

Earnings:

Pretax income from continuing operations less equity income

$

170

$

403

$

281

$

552

$

362

Fixed charges

268

262

240

271

294

Amortization of capitalized interest

4

3

3

3

3

Less:

Interest capitalized

(22

)

(16

)

(7

)

(3

)

(2

)

Total earnings plus fixed charges

$

420

$

652

$

517

$

823

$

657

Ratio of earnings to fixed charges

1.6

2.5

2.2

3.0

2.2

Deficiency of earnings to fixed charges

$

—

$

—

$

—

$

—

$

—